Eyes Turn to Other Altcoins After Solana (SOL) Approval! Bloomberg Analysts Announced the Altcoins with the Highest Probability of Approval: One of Them is...

After Bitcoin and Ethereum spot ETFs in the US, altcoins such as Solana (SOL), XRP and Litecoin (LTC) are also waiting for approval.

At this point, while spot altcoin ETFs are expected to be approved in 2025, the first approval came for Solana (SOL).

Accordingly, the CEO of Rex Shares, one of the issuer companies that applied for the spot Solana ETF, said that the REX-OSPREY Solana ETF will start trading in the US on Wednesday.

While the latest development pushed the SOL price upwards, expectations for other altcoin ETFs in the market also increased.

Litecoin (LTC) and XRP Are Next After Solana!

At this point, analysts estimate that there is a 95% probability of LTC and XRP spot ETFs being approved in 2025.

Fox Business reporter Eleanor Terrett shared on her X account the approval predictions of Bloomberg senior ETF analysts James Seyffart and Eric Balchunas for altcoin ETFs.

Eleanor Terrett also noted that Balchunas and Seyffart had been correct in most of their predictions so far.

According to Balchunas and Seyffart, the altcoins most likely to receive approval from the SEC after Solana are Litecoin and XRP.

Accordingly, analysts estimate that there is a 95 percent chance that LTC and XRP will receive ETF approval in 2025.

Seyffart wrote:

“Here are mine and Eric Balchunas' latest predictions for spot crypto ETF approvals by the end of 2025.

We expect a wave of new ETFs in the second half of 2025.”

Litecoin and XRP are in the first place in terms of probability of getting approved, followed by Dogecoin (DOGE), Cardano (ADA), Polkadot (DOT), HBAR and Avalanche (AVAX), each with a 90 percent probability rate.

Finally, analysts give a 60 percent probability for SUI and a 50 percent probability for Tron (TRX) and Pengu.

*This is not investment advice.